Public finance

NYC to continue Wells' muni underwriting ban as Fed's Powell opines on the firm's woes.

S&P Global Ratings upgraded Chicago Public Schools to BB-minus from B-plus, and Fitch Ratings upgraded it to BB from BB-minus, ahead of a $369 million deal.

Only a transportation bond measure survived to reach voters after the legislature's GOP minorities blocked three other borrowing proposals.

Even with a board vote just five weeks away, the proposed five-year capital program for New York’s Metropolitan Transportation Authority is a big unknown.

The county would use its triple-A rating to support a refunding deal for its largest city, which is rated eight notches lower.

Deals from Atlanta, Massachusetts, Ohio and Miami-Dade County led Tuesday's primary activity.

U.S. Court of Claims Judge Richard Hertling said Tuesday he would issue the stay because he expects key rulings by the Supreme Court and an appellate court.

Bloomfield Township it cutting its budget after voters rejected a tax levee that was to help it meet its $161 million in unfunded liabilities.

Spiraling population, record tourism and new dynamics such as climate change have intensified the city's challenge, said a Center for an Urban Future report.

The state of Tennessee and its school bond authority will be issue $350 million of highly rated new money bonds this month and next.

Massachusetts taxable deal hits $858 million.

Federal funding would be reduced to 44% from 49% of the cost of the Gateway project, which had been blocked by the Trump administration.

Minneapolis-St. Paul Airport is pricing bonds that will partially finance projects under its capital plan and refund previously issued debt for a savings.

A community near San Antonio is pushing for bond-financed dam repairs, saying a Guadalupe Blanco River Authority plan to drain the lakes would cut property values in half.

Ahead of the Labor Day holiday, municipal bond buyers will get a chance to nab over $6 billion of bonds set to hit the market.

Judge Laura Taylor Swain sided with the Oversight Board as it sues the local government to comply with its fiscal plans.

The last full trading week ahead of the Labor Day holiday will see a variety of credits come to market.

CDBG mitigation is a new program to support communities for events that are likely to occur rather than recovery from events that have already occurred. Some disaster recovery funds have been used in the past for mitigation.

The new money piece of the $77 million deal will cover the county's obligations under its lease agreement with the Cleveland's NBA franchise.

Janet Mills offered a slimmed-down compromise bond package in an effort to get borrowing proposals on the November ballot.